It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
Tags: Jeff Bezos
Bezos seen investing up to USD50 million on Web series like Betas to lure potential shoppers
In the midst of declining traditional TV viewership, Amazon had been seen attracting potential shoppers to watch its original content like Web series "Betas."
EBay founder Omidyar plunges into news industry with new media venture
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
Amazon's Bezos finalizes Washington Post acquisition
Citing the The Washington Post, Techcrunch said Amazon Inc Chief executive officer Jeff Bezos completed his acquisition of the 136 year-old newspaper today.
No plans for Amazon phone, yet
Amazon clarified a blog report that the ecommerce firm was preparing its own phone. According to Drew Herdener, spokesperson for Amazon. com, the Seattle based e commerce firm has no plans to introduce a phone in 2013.
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The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.
The Washington Post announced that Jeff Bezos had acquired the newspaper for US$250 million in cash.
Workday Inc has filed confidentially for an initial public offering Workday Inc has filed confidentially for an initial public offering, several sources told Reuters, putting the Silicon Valley business software company on track for the largest market debut since Facebook Inc's (FB.
